Adage Capital Partners’s Black Hills Corp BKH Stock Holding History

Adage Capital Partners’s Portfolio BKH Stock Details BKH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$144M	Buy	2,069,827 +477,827	+30%	+$34.4M	0.22%	89
2025 Q4	$111M	Buy	1,592,000 +1,017,000	+177%	+$68.6M	0.17%	116
2025 Q3	$35.4M	Buy	575,000 +475,000	+475%	+$27.9M	0.06%	315
2025 Q2	$5.61M	Buy	+100,000	New	+$5.86M	0.01%	691
2022 Q4	–	Sell	-347,500	Closed	-$23.5M	–	987
2022 Q3	$23.5M	Buy	347,500 +12,500	+4%	+$937K	0.06%	367
2022 Q2	$24.4M	Sell	335,000 -200,000	-37%	-$15M	0.06%	361
2022 Q1	$41.2M	Buy	535,000 +330,000	+161%	+$22.9M	0.08%	263
2021 Q4	$14.5M	Buy	205,000 +60,000	+41%	+$3.98M	0.03%	595
2021 Q3	$9.1M	Buy	145,000 +25,000	+21%	+$1.7M	0.02%	717
2021 Q2	$7.88M	Sell	120,000 -54,801	-31%	-$3.73M	0.02%	758
2021 Q1	$11.7M	Buy	174,801 +100,000	+134%	+$6.21M	0.02%	629
2020 Q4	$4.6M	Buy	+74,801	New	+$4.47M	0.01%	697
2019 Q1	–	Sell	-250,000	Closed	-$15.7M	–	697
2018 Q4	$15.7M	Sell	250,000 -900,000	-78%	-$56.5M	0.04%	390
2018 Q3	$66.8M	Sell	1,150,000 -300,000	-21%	-$18M	0.15%	173
2018 Q2	$88.8M	Sell	1,450,000 -250,000	-15%	-$14.2M	0.2%	128
2018 Q1	$92.3M	Buy	1,700,000 +550,000	+48%	+$29.4M	0.21%	125
2017 Q4	$69.1M	Buy	+1,150,000	New	+$71.2M	0.16%	163
2017 Q3	–	Sell	-70,383	Closed	-$4.75M	–	712
2017 Q2	$4.75M	Sell	70,383 -1,239,827	-95%	-$85.3M	0.01%	638
2017 Q1	$87.1M	Sell	1,310,210 -150,000	-10%	-$9.49M	0.22%	129
2016 Q4	$89.6M	Buy	1,460,210 +210,210	+17%	+$12.5M	0.24%	112
2016 Q3	$76.5M	Buy	1,250,000 +250,000	+25%	+$15.2M	0.21%	130
2016 Q2	$63M	Sell	1,000,000 -500,000	-33%	-$30.1M	0.17%	162
2016 Q1	$90.2M	Buy	1,500,000 +200,000	+15%	+$10.7M	0.24%	118
2015 Q4	$60.4M	Buy	1,300,000 +800,000	+160%	+$35.2M	0.16%	172
2015 Q3	$20.7M	Hold	500,000	–	–	0.06%	368
2015 Q2	$21.8M	Hold	500,000	–	–	0.05%	390
2015 Q1	$25.2M	Buy	+500,000	New	+$25.2M	0.06%	370

Other funds holding BKH

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

NAMI

Nomura Asset Management International Philadelphia, Pennsylvania $58.4B AUM

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Point72 Asset Management Stamford, Connecticut $78.1B AUM 55.25% 1-Year Est. Return

Covalis Capital London, United Kingdom $1.63B AUM 27.84% 1-Year Est. Return

Adage Capital Partners's BKH Position: Q1 2026 in Review

Adage Capital Partners increased its Black Hills Corp (BKH) stake by 30% in Q1 2026, buying an estimated $34.4M and bringing the position to 2,069,827 shares worth $144M. The position accounts for 0.22% of the portfolio, ranked #89.

Adage Capital Partners first reported a position in BKH in Q1 2015 and has held it in 27 quarters since. 471 funds tracked by Wall St. Rank hold BKH as of Q1 2026.

Adage Capital Partners held 2,069,827 shares of Black Hills Corp worth $144M as of Q1 2026.
Adage Capital Partners bought 477,827 Black Hills Corp shares in Q1 2026, an estimated $34.4M.
Black Hills Corp made up 0.22% of Adage Capital Partners's portfolio in Q1 2026, its #89 holding.
Adage Capital Partners first reported a position in Black Hills Corp in Q1 2015 and has held it in 27 quarters since.
471 funds tracked by Wall St. Rank held Black Hills Corp as of Q1 2026.

Based on Adage Capital Partners's 13F filing for Q1 2026, filed 15 May 2026.